Tuesday, March 24, 2009

It’s about money honey

It’s recession to an extent but who doesn’t wish for some more ‘unexpected’ money. Only if there could be a way to hit a goldmine.. Hmm sounds like a fairy tale but could be true!! You, however don’t have to pack your bags, hit the road, head for a directionless journey, encounter villainous creatures and at the end rack your brains to crack the final code before you get to see sparkling and brilliant stones.

Here is the key to a fortune in today’s times - http://www.missingmoney.com/. The website by NAUPA (National association of Unclaimed Property Administrators) is a database of governmental unclaimed property records. This website allows you to have an access to the database of unclaimed accounts with different financial institutes. All you have to do is key-in your name. Incase your name matches with the database, you need to recognize if any of the names mentioned is the ‘real’ you. If that is so, lucky you!! A few of the website visitors were showered with $$ worth ranging from 200- 1400.


Unclaimed property is one of the original consumer protection programs that actively find owners of lost and forgotten assets. Unclaimed property refers to the accounts in financial institutions and companies that have had no activity with the owner for one year or a longer period. Typically each state has a treasurer body whose responsibility is to safeguard the property until it is claimed by the owner. After realizing that you are the actual heir of any unclaimed property ( in any form ) you file the claim. Once the claim has been filed, it’s your state’s duty to get you back your money.

Till now there is no centralized database on how unclaimed government assets may be obtained. Each individual federal agency maintains its own records. There are, however some of the database where you could locate your unclaimed money:
http://www.unclaimed.org/other/
http://www.fms.treas.gov/faq/unclaimed.html

Missingmoney.com is a good beginning point for your search. Currently there are 44 states in the USA, the District of Columbia and Puerto Rice which contribute with their database of unclaimed property. Every month more states get added to make the website database more comprehensive.

I put a random name on the website- Dorathy Williams, and yeah there were more than 200 results to this name. Phew! There is so much in a name. I too tried my luck with my name. Well it seems none of my uncles/aunts left any fortune for me ;).

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